Billionaire Profile

Global Rank

#1391

Image: Unsplash Contributor | Unsplash License | via Unsplash

Cao Longxiang & family

CEO, Pharmaceuticals

CHINA

Real-Time Net Worth

$2.98B

Estimated based on Pharmaceuticals stock value as of March 6, 2026

+0.62% (24h)

Age

Source

Pharmaceuticals

Industry

Healthcare

Citizenship

CHINA

Biography

Cao Longxiang, a prominent figure in the Chinese pharmaceutical industry, chairs Hubei Jumpcan Pharmaceutical, one of China's largest drug companies. With a net worth estimated at $2.8 billion as of February 2, 2026, he has built a substantial fortune through his leadership in the healthcare sector. His career began with a role as a manager at a cement factory before transitioning into the pharmaceutical business. He now owns more than 60% of Hubei Jumpcan Pharmaceutical. His son, Cao Fei, serves as the company's vice chairman.

Fact Checked

Verified by Editorial Team

Live Data

Updated 3/6/2026

Wealth Over Time

Portfolio Holdings

Hubei Jumpcan Pharmaceutical

In-Depth Profile

Early Life

Information regarding Cao Longxiang's early life is limited. However, it is known that he served in the Chinese military before entering the pharmaceutical industry. Before his current role, Cao was a manager at a cement factory.

Rise to Success

Cao Longxiang chairs Hubei Jumpcan Pharmaceutical, a major player in China's pharmaceutical market, specializing in both western and traditional Chinese medicine. He took control of the company in 2013. The company went public in 2001, initially as Hubei Hongcheng General Machinery, before its focus shifted to pharmaceuticals.

Key Business Strategies

Cao's strategy appears to involve a focus on both western and traditional Chinese medicine within the pharmaceutical sector. He owns more than 60% of Hubei Jumpcan Pharmaceutical.

Philanthropy

Details regarding specific philanthropy initiatives are unavailable in the provided search results.

Career Milestones

2001

Company went Public

Hubei Hongcheng General Machinery went public.

2013

Took control of the company

Cao took control of Hubei Hongcheng General Machinery and transformed the company into a pharmaceutical firm.

Philanthropy & Social Impact

Philanthropy

Unknown

Details regarding Cao Longxiang's specific philanthropic initiatives are unavailable in the search results.

Compare Cao Longxiang & family

Net Worth Face-off

Cao Longxiang & family vs Elon Musk

Compare Wealth →

Net Worth Face-off

Cao Longxiang & family vs Jeff Bezos

Compare Wealth →

Net Worth Face-off

Cao Longxiang & family vs Mark Zuckerberg

Compare Wealth →